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10 sats \ 1 reply \ @rax0m 3 Jan 2023
The price of Bitcoin is actually the best indicator of "where we are" in terms of adoption / hyperbitcoinization.
By saying it is not, you are discrediting the market. The market is the truth. Although we stackers may not agree with it, it is undeniably the unbiased truth.
Future price increases are only due to how wrong the current market is about bitcoin. i.e., the aggregate investor lacks information, or interpretations of information, that we stackers do posses. And this in turn reflects the point I am making; the current price tells us what the broader public thinks about bitcoin.
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5 sats \ 0 replies \ @moneydelics OP 3 Jan 2023
Dude, seriously, can you please explain to me and to everybody here how you go from reading this:
"price of Bitcoin is subject to fluctuations and is not a reliable indicator of its value or potential",
to understand this:
"Bitcoin is *not the best indicator of "where we are" in terms of adoption / hyperbitcoinization."
😂
2 completely different points on the price of Bitcoin! Do you see it now? 🤷♂️
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10 sats \ 1 reply \ @fred 2 Jan 2023
"The price of Bitcoin is not a reliable indicator of its value or potential" - My best part of this article.
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0 sats \ 0 replies \ @moneydelics OP 3 Jan 2023
As Knut Svanholm would put it: "Everything divided 21 million" 😎
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0 sats \ 2 replies \ @VEINTIUNO 3 Jan 2023
As usual, there's business that are playing hard there trying to get their own benefits... The poor Salvadorans are always the last to have priority and voice, and even less, the ones to be educated in economic engineering.
If all citizens in El Salvador could be educated, it would be no marketplace for lot of companies and businesses trying to monetize in that ecosystem. Bukele is just a marionette that listen and operate based on feedback he receives from others (like anyone else in this planet)
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20 sats \ 1 reply \ @moneydelics OP 3 Jan 2023
This comment (to which I can relate as well just looking back a couple of years at my self) showcases a luck of understanding of important concepts such as Bitcoin and sound money, Bitcoin game theory, central banking, economy, El Salvador history and, most of all, personal sovereignty and Austrian Economics.
Here is my podcast where I talk about these things in the context of what's happening in El Salvador:
https://fountain.fm/show/EllSq11gifMhq2hCD8nm
I hope that this series of discussions on the topic will not only be helpful, but also encourage a more nuanced and comprehensive conversation about it. 🤝
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0 sats \ 0 replies \ @VEINTIUNO 6 Jan 2023
Maybe… we probably just seeing and living different realities from the same perspective
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0 sats \ 1 reply \ @slatheredloss 3 Jan 2023
What do the supporters think of this? https://www.amnesty.org/en/latest/news/2022/06/el-salvador-president-bukele-human-rights-crisis/
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0 sats \ 0 replies \ @moneydelics OP 3 Jan 2023
I will make a video and write an article about it, but for now I'll put here a couple of resources and you can try to extrapolate:
https://innocenceproject.org/how-many-innocent-people-are-in-prison/
Remember, we live in the age of the Big Lie.
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0 sats \ 1 reply \ @Crizzo 2 Jan 2023
Do claims that Chivo uses paper Bitcoin have any merit?
What about Chivo running on Algorand?
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20 sats \ 0 replies \ @DarthCoin 2 Jan 2023
Go to El Salvador and start educating those poor Chivo users how to use other LN wallets and stop using USD shitcoin.
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